KUALA LUMPUR, The upcoming Budget 2025 should continue to advocate for strategic investments to drive digital transformation, representing a pivotal moment for Malaysia to cement its position as a regional leader in the digital economy, a technology expert said. World Digital Chamber board member Georg Chmiel believed that Budget 2025 presents a unique opportunity to unlock significant economic growth, solidifying the country's position in the global technology arena. Chmiel, who is also Juwai IQI co-founder and chairman, noted that to establish Malaysia as a global technology (tech) hub, the sector needs a budget that simplifies international trade and investment. 'To position Malaysia as a leader in emerging technologies such as artificial intelligence and blockchain, we hope that the Ministry of Digital will prioritise robust research and development investment and incentives. 'By streamlining regulations, we can attract global investors and help companies like Juwai IQI and GoFlex Events expand their global footprint,' he said in a statement today. According to Chmiel, the future of tech in Malaysia depends on our ability to work together, share knowledge, and create groundbreaking solutions. 'Collaboration is the cornerstone of innovation. We encourage Budget 2025 to support public-private partnerships that foster innovation hubs and drive digital transformation across industries,' he said. He opined that by focusing on innovation, infrastructure, talent development, sustainability, and global competitiveness, the government can empower the tech industry to drive economic growth and contribute to the realisation of the MADANI Economy vision. 'Budget 2025 is not just another fiscal plan -- it is a blueprint for Malaysia's digital future and will determine our nation's trajectory for years to come. 'With strategic investments in the right areas, Malaysia can lead the global digital revolution, creating a prosperous and sustainable future for all,' he added. Source: BERNAMA News Agency
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